Multiple Choice
If an increase in the supply of good A decreases the demand for good B, then
A) the demands for A and B are independent.
B) the elasticity of supply for good A is greater than 1.
C) A and B are complements.
D) A and B are substitutes.
E) the demand for A is price elastic.
Correct Answer:
Verified
Correct Answer:
Verified
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